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Consider the following projects: Assume that the projects are mutually exclusive and that the opportunity cost of capital is 9%. a. Calculate the profitability index

image text in transcribed Consider the following projects: Assume that the projects are mutually exclusive and that the opportunity cost of capital is 9%. a. Calculate the profitability index for each project. b-1. Calculate the profitability-index using the incremental cash flows. b-2. Which project should you choose

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